STAND UP INDIA
The Scheme is for financing SC/ST and or Women Entrepreneurs
The objective of the Scheme is to facilitate bank loans between 1O lakh and 1 crore to at least one SC or ST borrower and at least one woman borrower per bank branch for setting up greenfield enterprise.
Eligibility for SC/ST or Women Entrepreneurs is above 18 years of age.
Composite loan (Inclusive of term loan and working capital) between Rs.10lakh and up to Rs.100 lakhs
The loan may secured by collateral security or guarantee of Credit Guarantee Fund Scheme for Stand up India loans ( CGFSIL) as decided by banks.